Volkswagen: Drastic cuts and future prospects until 2030!

Volkswagen: Drastic cuts and future prospects until 2030!

In an intensive struggle for the future, Volkswagen AG has agreed with the unions to a comprehensive package of measures that will affect more than 35,000 jobs at the German locations by 2030. During the negotiations that took several nights, a significant reduction in labor costs was achieved by 1.5 billion euros annually, which is considered a crucial step towards stabilizing the company. IG-Metall chief negotiator Thorsten Gröger said: "A package was put together that includes the painful contributions of the employees, but in the same breath creates perspectives for the workforce," like vienna.at reported .

core of the agreement

The agreement made under the title "Zukunts Volkswagen" aims to position Volkswagen AG as a technologically leading manufacturer by 2030. Oliver Blume, the group's CEO, stated: "With the package of measures achieved, the company has set decisive course for its future when it comes to costs and structures." The agreement stipulates that the technical production capacities of the German works are permanently reduced by 734,000 units in order to react to the sunken automotive market. The works in Dresden and Osnabrück are particularly affected, where vehicle production in Dresden will be discontinued at the end of 2025, while in Osnabrück the T-Roc Cabrio will continue to be produced by late summer 2027, also informed Volkswagen-Newsroom .

The agreement also ensures that production for the Golf will be relocated to Mexico from 2027. VW works council chief Daniela Cavallo was optimistic and emphasized that despite the difficult economic framework, a solid solution was found. "Although there are tariff concessions, the opposite of all locations, including the future perspectives, are opposed to this," said Cavallo. This agreement marks a fundamental realignment of Volkswagen and sets significant accents for the future competitiveness of the company.